Leading indicator index dips in December amid revisions
The Commerce Department reports the Index of Leading Indicators fell 0.2 percent in December, with November and August revisions dampening earlier gains. Despite the slide and three straight monthly declines, officials in the Reagan administration and private economists say the economy is poised for above average growth.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Commerce Department
White House
Larry Speakes
December dip not shaking economy says experts
Private economists see no reason to revise forecasts for 4 to 5 percent growth in 1985. Analysts cite housing and factory orders gains as evidence of continued recovery, while leading indicators show a mixed but resilient picture despite a December decline.
MENTIONED IN THIS ARTICLE
Allen Sinai
Shearsun Leaman- American Express
John Albertine
American Business Conference
Commerce Department
BWCM Second Largest US Office Market Report Sees Growth
The Baltimore Washington Common Market ranks as the nation’s second largest office market behind New York with over 206.5 million square feet of office space and 109 million square feet of industrial space in the past five years. The WBRA report notes 230 business parks totaling 37,000 acres with half available for development and high tech pockets across 70 parks, plus an active pipeline of 30 high tech projects. The study cites 2 billion dollars in non-residential construction in 1983 and ongoing expansion driven by defense, space, medical research, and telecom sectors.
MENTIONED IN THIS ARTICLE
New York
Chicago
Houston
Washington/Baltimore
BWCM
Resign Steaver
Ses
Baltimore-Washington
Association
David Winstead
The
Winstead
Baltimore- Washington
Market ends month higher as gains offset blue chip lag
New York stocks closed a strong month with modest gains as the Dow edged down 1.11 to 1,286.77. The S P 400 rose to 201.05 and the S P 500 to 179.63 while the Nasdaq rose to 278.70 and the NYSE market index hit 1,037. The day saw total NYSE turnover around 132.5 million shares with broader volume at 157.9 million.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Standard & Poor
S&p
American Stock Exchange
Signal May Sell Mack Shares As Market Rises
Signal Companies Inc may try to sell its remaining Mack Trucks stake as Mack stock climbs. A Signal spokesman said they notified the SEC that the 10 percent stake could be publicly traded on the New York Stock Exchange. Hopkins cited rising Mack value with shares above 16 dollars this week and said timing depends on market conditions. Signal owns over 2.1 million Mack shares. it bought Mack in 1967 and sold 45 percent to Renault by 1983, leaving 10 percent. Mack Trucks runs a major plant in Hagerstown Maryland.
MENTIONED IN THIS ARTICLE
LA Jolla
Calif
Signal Companies Inc
Mack
Signal
Federal Securities and Exchange Commission
New York Exchange
Wayne Hopkins
Hopkins
Renault
Mack Trucks
Hagerstown
Also Mentioned on This Page
ED Waters
the News
Frederick
Mike Evans
ASONN
Commerce
United States
Greater Washington
Dow Jones
Att
Avemco Corp
Ball GE
Bell Atl
CSX Corp
Clorox
Comsat
ConData
Exxon
Fairchild Ind VW
Baker Watts & Co
Potlack Corp
Baltimore
Washington International Airport
Center Iban Afste
Old High
Ast
Front New
Condol
Fitegerald & Matan
Fredenck County
Miliner Construction
Fredenck
Carnage House
Architeat Jehr
Milliner Construction, Inc
East Patruk Street
Frederik, MD
Draftwas Design Inc
Offie
Robert S May
Samu
Mite
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